Penny Stocks: Stocks likely to be in focus tomorrow!
Penny Stocks: Stocks likely to be in focus tomorrow!

Penny Stocks: Stocks likely to be in focus tomorrow!

The following penny stocks are likely to be in focus on Friday, April 19, 2024.

Vaishnavi Chauhan Article rating: 3.9

In broader market sentiment, 880 stocks advanced compared to 1,207 stocks declining, indicating a negative outlook.

NSE to launch derivatives on Nifty Next 50 Index (NIFTYNXT50) from April 24, 2024
NSE to launch derivatives on Nifty Next 50 Index (NIFTYNXT50) from April 24, 2024

NSE to launch derivatives on Nifty Next 50 Index (NIFTYNXT50) from April 24, 2024

The introduction of derivatives on the Nifty Next 50 index (NIFTYNXT50) will well complement the existing index derivatives product suite.

Vaishnavi Chauhan Article rating: 5.0

The Nifty Next 50 index has a 71 per cent correlation and a Beta value of 0.95 with the Nifty 50 Index. It has a correlation of 90 per cent with Nifty Midcap 150 index in financial year 2024.

FIIs bought 1,71,000 shares: This drone company signs agreement with CBAI Technologies Pvt Ltd to purchase 200 type certified training drones!
FIIs bought 1,71,000 shares: This drone company signs agreement with CBAI Technologies Pvt Ltd to purchase 200 type certified training drones!

FIIs bought 1,71,000 shares: This drone company signs agreement with CBAI Technologies Pvt Ltd to purchase 200 type certified training drones!

The agreement entails the procurement of 200 type certified training drones over a span of 3 years.

Kiran Shroff Article rating: 4.7

As of March 2024, FIIs bought 1,71,000 shares and increased their stake to 2.02 per cent compared to 1.31 per cent in September 2023. 

Shares below Rs 100: Only buyers were seen in these stocks on April 18
Shares below Rs 100: Only buyers were seen in these stocks on April 18

Shares below Rs 100: Only buyers were seen in these stocks on April 18

BSE-listed companies' market capitalisation is approximately - Rs 394 lakh crore or USD 4.72 trillion as of April 18, 2024.

Kiran Shroff Article rating: 3.9

The broader markets were in mixed territory, with the BSE Mid-cap Index down 0.39 per cent and the BSE Small-cap Index up 0.06 per cent.

Eyes Rs 250 crore revenue by FY30: Small-cap auto company signs MoU with South Korea’s Yongin for EV components facility!
Eyes Rs 250 crore revenue by FY30: Small-cap auto company signs MoU with South Korea’s Yongin for EV components facility!

Eyes Rs 250 crore revenue by FY30: Small-cap auto company signs MoU with South Korea’s Yongin for EV components facility!

This strategic agreement, expected to generate Rs 250 crore in business over the next 5 years, marks a crucial step in advancing the production of electric vehicles (EV) and electronic components within India.

Kiran Shroff Article rating: 3.1

The company’s client portfolio comprises leading OEMs in the domestic market and international markets.

FIIs bought 1,71,000 shares: Heavy buying drone stock gains over 8 per cent as it opens fourth DGCA-certified drone pilot training center In Jaipur
FIIs bought 1,71,000 shares: Heavy buying drone stock gains over 8 per cent as it opens fourth DGCA-certified drone pilot training center In Jaipur

FIIs bought 1,71,000 shares: Heavy buying drone stock gains over 8 per cent as it opens fourth DGCA-certified drone pilot training center In Jaipur

This expansion is part of our franchise initiative in partnership with Subhkhyati Aerospace Pvt Ltd.

Kiran Shroff Article rating: 4.2

As of March 2024, FIIs bought 1,71,000 shares and increased their stake to 2.02 per cent compared to 1.31 per cent in September 2023. 

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